April Wu

China Market Strategy

January 26, 2016

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Retail News Roundup – Jan 26

The top 5 retail news clips in Asia this week.

1 – O2O commerce is generating real money in China

China’s rapidly emerging online-to-offline (O2O) market was a significant contributor to the growth of the country’s eCommerce industry in 2015, according to internet market research firm iResearch. >>

2 – Mobile World to open stores in Cambodia, Myanmar, Laos

Mobile World, one of the largest mobile phone and electronic product distribution chains in Vietnam, is preparing to open its first stores in Laos, Cambodia and Myanmar in early 2017. >>

3 – From Chinese “tourists” to “travelers”: millennials’ shifting tastes shape outbound market

As China’s outbound travel market reached 109 million people in 2015, trips abroad became more personalized, independent, and focused on meaningful experiences than ever before. >>

4 – 100th store for Toys R Us China

During the past year, Toys R Us China has opened 27 stores across the nation. International expansion, particularly throughout China and Southeast Asia, continues to be an important part of our long-term growth strategy. >>

5 – King Power keen to grow within Asia

King Power Group, the country’s sole duty-free operator, plans to spend more than 8 billion baht on its first business expansion abroad. >>